Moody’s Japan announced this week that it has raised its rating on Sony’s credit to Baa3, one step up from “junk.” This is the first time that Sony’s credit has been determined to be “investment grade” in years and reflects the company’s improved financial performance.
Power Move: Sharp to Terminate LCD Panel Supply to Samsung
‘Samsung Scrambling to Find New Sources’ – Looks to LG
The media in Japan positively exploded this week with the shocking news that Sharp has notified Samsung it will no longer supply the world’s top seller of LCD TVs with the panels they need for their sets. Samsung was Sharp’s largest customer, but in a shocking power move, after negotiations broke down – Sharp said no deal.
Could this be a sign of a new Sharp, now that it’s part of Foxconn? [Read more…] about Power Move: Sharp to Terminate LCD Panel Supply to Samsung
Core Brands Moved Under Control of Nortek’s SCS Group
In a reorganization at Nortek, Core Brands, previously a freestanding, underperforming segment of the company, has been moved under the control of Nortek’s Security and Control Solutions Group, it was announced internally this week. With this change, Core Brands President Joe Roberts will now report to SCS Group’s President Michael O’Neal.
See more on this change with Core Brands inside of Nortek… [Read more…] about Core Brands Moved Under Control of Nortek’s SCS Group
HiFiMan: Staking Out the Extreme High End of the Headphone Market
Launches $50,000 Headphone System
HiFiMan, the specialty maker of high-end headphones and portable music players, announced this week the launch of a “premium” electrostatic headphone system that they call Shangri-La. Calling it a “cost-no-object experience,” the Shangri-La system is priced to sell for $50,000 at retail. The price of paradise appears to have risen lately.
See more about what HiFiMan suggests is the ultimate listening experience… [Read more…] about HiFiMan: Staking Out the Extreme High End of the Headphone Market
SnapAV Continues Buying Spree, Acquires Autonomic
‘If You Can Solve a Problem, You Can Sell Some Stuff’
SnapAV announced Wednesday that it has acquired Autonomic, a leading music server solutions provider. This is SnapAV’s latest in a string of acquisitions, as the company continues to seek solutions that will fulfill the needs of their extensive national network of custom integrators.
See what SnapAV’s President told us about this deal… [Read more…] about SnapAV Continues Buying Spree, Acquires Autonomic
Voice Control: Time to Jump In…or Wait?
In Wake of CEDIA, Industry Debates How Hot Voice Control Is
One of the keynote presentations at CEDIA 2016, was from Amazon – the monster online retailer. Amazon executive Charlie Kindel introduced the custom integration attendees to the Amazon Echo, Tap, and Dot…essentially Internet appliances that all feature their Alexa voice control technology. Then, late in the presentation, Kindel announced the company has developed a way for Alexa to interface with home systems – and even forged integration partnerships with Lutron, Crestron, Control4 and others.
And just like that, CEDIA 2016 became the voice control show… [Read more…] about Voice Control: Time to Jump In…or Wait?
Readers Pick Our Top Ten Stories of 2016
As the end of the year rapidly approaches, it’s a great time to look back on 2016 to remember the big stories of the year. Some of these stories were ultimately eclipsed by subsequent ones – and some of them will continue to resonate through 2017 and beyond.
See which stories our readers picked as the Top Ten of 2016…
Twist – Simple Smart Home Light Bulb & Speaker
Products designed to address the simple smart home market continue to be introduced at a dizzying pace – most of which will end up in the dust bin of not-so-useful, not-so-innovative app-controllable nonsense in the future. But every once in a while we stumble across items that catch our eye, and Twist is one of those.
What is Twist? If you can screw in a lightbulb, you can have a smarter home lighting and wireless audio solution.
See more on Twist, a smarter smart home solution… [Read more…] about Twist – Simple Smart Home Light Bulb & Speaker
After Years of Cutbacks, Sony Says It’s Time to Drive Sales
Sony Marketing Discusses Growth Plans with Japanese Media
Sony told the Nikkei this week that – to paraphrase – after years of painful dieting, the company has reached its fighting weight and is ready to go to battle to grow its sales worldwide. The company has spent the last few years spinning off divisions, cutting back on employment levels, and reducing overhead – all for the express purpose of improving profits. That goal achieved, the company will now focus on sales.
But the plan that Sony’s chief marketer outlined has some concerned… [Read more…] about After Years of Cutbacks, Sony Says It’s Time to Drive Sales
Cyber Monday was Big, But is It Losing Its Mojo?
Oh I know…you’ve been reading all of the press about how Cyber Monday was the biggest online shopping day ever this year. So how can we be suggesting it’s losing momentum? Well, according to new data analyzed by eMarketer, that appears to be exactly the case.
So which days are gaining ground on Cyber Monday?
